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lilsunshine33
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Skybridge Technology Group Inc. (SKGO) Finalizes Merger With Textraw

Press Release Source: Skybridge Technology Group Inc. On Wednesday April 13, 2011, 3:45 pm EDT
BROOKSVILLE, FLORIDA--(Marketwire - 04/13/11) - Skybridge Technology Group Inc. (PINK SHEETS:SKGO - News)(www.skybridgetechgroup.com) is pleased to report that after months of negotiations the long awaited merger with Textraw International (www.textrawinternational.com) has been successfully completed. SKGO and Textraw is ready to roll out its product onto the US market as SKGO subsidiary.

After a year of negotiations, and seeking suitable financing SKGO President/CEO Jeff Burns announced that, "The ink is dry, and that Textraw International joined SKGO's 'green team'. SKGO management feels that this merger and the new laws being passed up and down the American east coast that restrict the use of natural pine needles as landscaping, represent a great opportunity for SKGO, and in our opinion will offer a great market potential for Textraw product."

"We are glad that the negotiations and financing had been completed and now behind us. Textraw under SKGO guidance intends to restore its USA distributorship nationally. We are ready to get on with our business with this new promising subsidiary. With the new laws sweeping across the US, we expect this product to deliver contracts on this new market niche."

"Fires throughout the United States have caused many state and local fire marshalls to re-evaluate building codes and restrict the use or storage of pine straw in proximity to buildings. One replacement for natural pine straw has been the new synthetic pine straw - SKGO's Textraw."

Textraw is made with recycled post-consumer scrap recovered from plastic milk bottles and appears identical to fresh, natural straw. It maintains its color and fresh appearance for many years, eliminating the need for biannual replacement. Since Textraw doesn't decompose, but maintains soil breathability, it doesn't create a problematic pest-attracting environment and is free of weed seeds, mold spores and mildew.

SKGO and Textraw are pleased to begin their new journey together and will update investors and followers of any new developments, and corporate progress shortly and frequently.

Posts: 119 | From: new york | Registered: Sep 2009  |  IP: Logged | Report this post to a Moderator
Homersbud
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Shares Outstanding 3,609,155,667 a/o Feb 16, 2011

No thank you!

Posts: 3026 | From: Chicago | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
lilsunshine33
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Skybridge Technology Group, Inc. (SKGO) Moves Textraw Factory to Florida

Press Release Source: Skybridge Technology Group Inc. On Thursday April 14, 2011, 3:55 pm EDT
BROOKSVILLE, FLORIDA--(Marketwire - 04/14/11) - SkyBridge Technology Group, Inc. (PINK SHEETS:SKGO - News) (www.skybridgetechgroup.com) President/CEO Jeff Burns is proud to announce that its Textraw International subsidiary (www.textrawinternational.com) has moved its factory from Greer, South Carolina to Brooksville, Florida.

The new 13,000-square-foot facility in Brooksville will provide Textraw with the opportunity to grow to its full potential and increase its capacity for distribution. As Florida is one of the most reasonable states to ship product from, this new location will reduce costs and increase efficiency, resulting in positive spin-off effects for SKGO shareholders.

Negotiations are underway to build up Textraw's current network of 70+ distributors throughout the southeastern seaboard. Burns plans to position Textraw distributors within 100 miles of each other from Florida to New Jersey. With the passing of new US laws restricting the use of natural pine needles, and the proven sales records of Textraw's patented product, the company sees that Textraw has strong potential to be popular across the rest of the United States.

Textraw is a synthetic pine straw for landscaping use. It is made with recycled post-consumer scrap recovered from plastic milk bottles and appears identical to fresh, natural straw. Textraw maintains its color and fresh appearance for many years and does not decompose, eliminating the need for biannual replacement and pest-deterrence.

In other news and events, the company intends to shortly release forward guidance on Textraw and its past activities and currently pending orders which should assist SKGO shareholders in their assessment of the recently announced merger. An OTCVerify report will follow on SKGO as well.

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Homersbud
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Back down to 0005....Too hard to move this bloated pos.
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lilsunshine33
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Skybridge Technology Group, Inc. (SKGO) to Supply Busch Gardens

BROOKSVILLE, FLORIDA, Apr 15, 2011 (Marketwire via COMTEX) -- Skybridge Technology Group, Inc. (PINK SHEETS:SKGO) (www.skybridgetechgroup.com) is proud to announce that its Textraw International subsidiary (www.textrawinternational.com) has been contacted by Busch Gardens about using Textraw's patented product in its amusement parks.
SKGO President/CEO Jeff Burns says Textraw was contacted by Joe Parr, the horticulture director of Busch Gardens' (www.buschgardens.com) Tampa, FL park, about using Textraw in their landscaping. Textraw is a synthetic pine straw that is made with recycled post-consumer scrap recovered from plastic milk bottles and appears identical to fresh, natural straw. The park has been ground-testing Textraw's patented product for the last two years. The results are now in, and Textraw has passed with flying colors.

Parr is negotiating pricing and stated that he would like to supply all of the company's parks with Textraw. One caveat was related to the price of shipping the product from Textraw's former facilities in Greer, South Carolina to the park in Tampa, Florida; however, with the recent relocation of Textraw's factory to Brooksville, Florida, this deal now looks promising.

The retail sale of pine needles is a multi-million-dollar industry in the southeastern United States. Pine needles are used for landscaping, in which they function as ground cover, replacing mulch. Contractors also spread them at building sites to reduce soil disturbance by equipment. The amount of money spent on landscaping has tripled in the last five years, creating an exciting industry with lots of room for expansion and growth.

In other company news, SKGO is in the process of subscribing to OTC Markets filing service, which should become effective within the next 7 to 10 days. The company will start releasing information thorugh this service, and should raise its OTC Markets tier status from "Stop" to "Yield" shortly. Until the OTC filing service is unlocked, the company intends to release important updates using its IR representative's website over the course of the weekend (April 16-17, 2011). SKGO management urges its followers to review company filings @ http://www.minamargroup.net/support/index.php?_m=downloads&_a=view.

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lilsunshine33
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Textraw International (SKGO) Myrtle Beach Contract and Installation

Press Release Source: Skybridge Technology Group, Inc. On Tuesday April 19, 2011, 3:45 pm
BROOKSVILLE, FLORIDA--(Marketwire - 04/19/11) - Skybridge Technology Group, Inc. (PINK SHEETS:SKGO - News) (http://www.skybridgetechgroup.com) and Textraw International (http://www.textrawinternational.com) announce that Textraw has completed installation of the Textraw product at the Tanglewood Condominiums at the Barefoot Golf Resort, North Myrle Beach, SC.

In April 2009, a devastating wildfire roared through the Tanglewood properties. In its wake, Barefoot's property management company OMNI Management Services (http://www.omni-property.com) decided that it would be their goal to keep all living in Tanglewood protected against future fires, and thus chose Textraw for its cost effectiveness and safety. While natural pine straw is immediately flammable, Textraw melts first, burning only with sustained exposure to flame.

SKGO President and CEO Jeff Burns stated, "We have successfully completed this contract, but we see this only as the beginning of our relationship with this new client. Upon reviewing the positive installation results of our patented product, the board of directors at OMNI is now considering Textraw for use at all of their properties. We are looking at new opportunities with OMNI."

Fire-resilient Textraw will last 7 to 10 years, unlike natural pine straw, which must be replaced twice a year. It will retain its color for years, thus adding value, beauty and safety with less maintenance for the community for years to come.

Posts: 119 | From: new york | Registered: Sep 2009  |  IP: Logged | Report this post to a Moderator
   

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